NOT LISTED FOR SALE

1530 Rhinelander Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $685,000 - $809,000

3 Beds
2 Baths
1,477 Sq Ft
$507/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $675,000 $457 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,609/month

39 Days on Market

About This Home

As of May 2022

Remarkable 2 family home in fantastic condition with a spacious backyard and huge attic. The walk in unit is equipped with a handicap accessible bathroom. Big living rooms & a recently renovated kitchen in the main unit. Great investment property!

Last Agent to Sell the Property

David Babel

Babel Realty, Inc. License #10401269393 Listed on: 02/27/2022

Last Buyer's Agent

David Babel

Babel Realty, Inc. License #10401269393 Listed on: 02/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,043

Year Built

  • Built in 1945

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • 1,477 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System
  • Water Heated By Indirect Tank

Listing and Financial Details

  • Assessor Parcel Number 04221-0018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,043

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1945
  • Attribution Contact: 718-881-7964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1477.00
  • Square Footage: 1477.00

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Other, Hot Water
  • Hot Water: Indirect Tank
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Parcel Number: 04221-0018
  • Property Attached: Yes

Tax Info

  • Close Date: 2022-05-24
  • Tax Annual Amount: 5043.00
  • Tax Map Number: 04221-0018

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Two Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2022
Closed on
May 24, 2022
Sold by
Estate Of Alberto Nieves
Bought by
Begum Farhana and Shahin Masum
Seller's Agent
David Babel
Babel Realty, Inc.
Buyer's Agent
David Babel
Babel Realty, Inc.
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Current Estimated Value
$748,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,190
Avg. Annual Appreciation
1.64%
Original Mortgage
$540,000
Outstanding Balance
$515,907
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,748
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Begum Farhana $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begum Farhana $540,000
Previous Owner Nieves Alberto $0
Previous Owner Nieves Alberto $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $675,000 -3.4% $457 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
02/27/2022 02/27/22 For Sale $699,000 -- $473 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,389 $32,054 $7,933 $24,121
2024 $6,389 $31,812 $8,326 $23,486
2023 $6,095 $30,012 $7,703 $22,309
2022 $5,652 $42,300 $10,380 $31,920
2021 $5,622 $37,620 $10,380 $27,240
2020 $5,654 $41,580 $10,380 $31,200
2019 $5,253 $40,020 $10,380 $29,640
2018 $4,801 $25,010 $8,148 $16,862
2017 $4,510 $23,595 $8,912 $14,683
2016 $4,140 $22,260 $10,380 $11,880
2015 $2,668 $25,186 $11,091 $14,095
2014 $2,668 $23,761 $11,237 $12,524
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Babel

    Babel Realty, Inc.

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Map

Source: OneKey® MLS

MLS Number: KEY6168835

OneKey® MLS

APN: 04221-0018

New York Bronx County Bronx 10461 Morris Park

1530 Rhinelander Ave, Bronx, NY

This home is located at 1530 Rhinelander Ave, Bronx, NY 10461 since 27 February 2022 and is currently estimated at $748,190, approximately $506 per square foot. This property was built in 1945. 1530 Rhinelander Ave is a home located in Bronx County with nearby schools including P.S. 108 Philip J Abinanti, J.H.S. 144 Michelangelo, and Icahn Charter School 3.

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